CS Group Investment Holding (TPE:1463) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 03, 2026) — Near Median

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TPE:1463 CS Group Investment Holding Ltd TPE:1463
69 GF Score
Price NT$17.75
GF Value NT$8.72
Valuation Significantly Overvalued
! 3 Warning Signs
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What is CS Group Investment Holding Cyclically Adjusted PB Ratio?

CS Group Investment Holding TPE:1463 -0.56% 69 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 03, 2026, which is 3% above its 10-year median of 1.04. GuruFocus rates TPE:1463 with a GF Score™ of 69/100 and a GF Value™ of NT$8.72 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 859 Manufacturing - Apparel & Accessories companies, CS Group Investment Holding ranks worse than 53.55% on this metric.

As of today (2026-08-03), CS Group Investment Holding's current share price is NT$17.75. CS Group Investment Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was NT$16.62. CS Group Investment Holding's Cyclically Adjusted PB Ratio for today is 1.07.

The historical rank and industry rank for CS Group Investment Holding's Cyclically Adjusted PB Ratio or its related term are showing as below:

TPE:1463' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.76   Med: 1.04   Max: 1.89
Current: 1.07

During the past years, CS Group Investment Holding's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.76. And the median was 1.04.

TPE:1463's Cyclically Adjusted PB Ratio is ranked worse than
53.55% of 859 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.96 vs TPE:1463: 1.07

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

CS Group Investment Holding's adjusted book value per share data for the three months ended in Mar. 2026 was NT$15.209. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is NT$16.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CS Group Investment Holding  (TPE:1463) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


CS Group Investment Holding Cyclically Adjusted PB Ratio Related Terms


CS Group Investment Holding Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CS Group Investment Holding's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CS Group Investment Holding Cyclically Adjusted PB Ratio Chart

CS Group Investment Holding Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.97 1.17 1.57 1.14

CS Group Investment Holding Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 1.23 1.32 1.14 1.08

CS Group Investment Holding Cyclically Adjusted PB Ratio Competitor Comparison

For the Textile Manufacturing subindustry, CS Group Investment Holding's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CS Group Investment Holding Cyclically Adjusted PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, CS Group Investment Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CS Group Investment Holding's Cyclically Adjusted PB Ratio falls into.


TPE:1463
69GF Score
CS Group Investment Holding Ltd TPE:1463
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CS Group Investment Holding Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

CS Group Investment Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.75/16.62
=1.07

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

CS Group Investment Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CS Group Investment Holding's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=15.209/330.2130*330.2130
=15.209

Current CPI (Mar. 2026) = 330.2130.

CS Group Investment Holding Quarterly Data

Book Value per Share CPI Adj_Book
201606 10.868 241.018 14.890
201609 11.068 241.428 15.138
201612 14.162 241.432 19.370
201703 15.876 243.801 21.503
201706 13.362 244.955 18.013
201709 15.373 246.819 20.567
201712 15.336 246.524 20.542
201803 15.956 249.554 21.113
201806 13.336 251.989 17.476
201809 13.801 252.439 18.053
201812 14.038 251.233 18.451
201903 14.340 254.202 18.628
201906 13.007 256.143 16.768
201909 13.327 256.759 17.140
201912 13.431 256.974 17.259
202003 13.660 258.115 17.476
202006 12.977 257.797 16.622
202009 12.274 260.280 15.572
202012 13.047 260.474 16.540
202103 13.250 264.877 16.518
202106 13.334 271.696 16.206
202109 12.999 274.310 15.648
202112 13.261 278.802 15.706
202203 13.365 287.504 15.350
202206 12.730 296.311 14.186
202209 13.216 296.808 14.703
202212 13.510 296.797 15.031
202303 13.695 301.836 14.983
202306 13.313 305.109 14.408
202309 13.794 307.789 14.799
202312 13.828 306.746 14.886
202403 14.005 312.332 14.807
202406 13.441 314.175 14.127
202409 13.681 315.301 14.328
202412 16.721 315.605 17.495
202503 17.778 319.799 18.357
202506 15.059 322.561 15.416
202509 15.687 324.800 15.948
202512 15.174 324.054 15.462
202603 15.209 330.213 15.209

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 1.07 mean?
CS Group Investment Holding (TPE:1463) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 03, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CS Group Investment Holding and its competitors. This is near median its historical median of 1.04. Over the past decade, CS Group Investment Holding's Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.89. According to the industry distribution chart, CS Group Investment Holding ranks #460 out of 859 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 53.6%.
Is CS Group Investment Holding's Cyclically Adjusted PB Ratio too high?
CS Group Investment Holding's current Cyclically Adjusted PB Ratio of 1.07 is near median its 10-year median of 1.04. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 1.89. The Manufacturing - Apparel & Accessories industry median Cyclically Adjusted PB Ratio is 0.96. CS Group Investment Holding's value of 1.07 is 11.5% above this industry median. Based on the distribution chart, CS Group Investment Holding ranks #460 out of 859 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, CS Group Investment Holding has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CS Group Investment Holding's Cyclically Adjusted PB Ratio compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, CS Group Investment Holding ranks #460 out of 859 companies for Cyclically Adjusted PB Ratio. This places CS Group Investment Holding in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.96. CS Group Investment Holding's value of 1.07 is 11.5% above this benchmark. Historically, CS Group Investment Holding's own Cyclically Adjusted PB Ratio has ranged from 0.76 to 1.89 over the past decade. While the company's 10-year median is 1.04 vs. the industry median of 0.96, CS Group Investment Holding has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Manufacturing - Apparel & Accessories company?
The median Cyclically Adjusted PB Ratio among Manufacturing - Apparel & Accessories companies is 0.96, based on 859 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CS Group Investment Holding's current Cyclically Adjusted PB Ratio of 1.07 is 11.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CS Group Investment Holding and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Cyclically Adjusted PB Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CS Group Investment Holding's current Cyclically Adjusted PB Ratio is 1.07, which is near median its own 10-year median of 1.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CS Group Investment Holding stock overvalued right now?
Based on GuruFocus' analysis, CS Group Investment Holding (TPE:1463) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.72, compared to a current price of NT$17.75 — trading 103.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is near median its 10-year median of 1.04 and 11.5% above the Manufacturing - Apparel & Accessories industry median of 0.96. CS Group Investment Holding's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CS Group Investment Holding (TPE:1463), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CS Group Investment Holding (TPE:1463) Overvalued in 2026?

Based on GuruFocus' analysis, CS Group Investment Holding stock appears to be overvalued. The current stock price of NT$17.75 is trading 103.6% above its estimated GF Value™ of NT$8.72. GuruFocus considers CS Group Investment Holding to be Significantly Overvalued.

Key valuation signals for TPE:1463:

  • Cyclically Adjusted PB Ratio: 1.07 (near median its 10-year median of 1.04)
  • GF Value™: NT$8.72 vs. price of NT$17.75 (103.6% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 11.5% above the Manufacturing - Apparel & Accessories median (#460 of 859)

No single metric tells the full story. See the TPE:1463 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CS Group Investment Holding Business Description

Address No 126, Dagong Road, Dayuan, Taoyuan, TWN, 337
CS Group Investment Holding Ltd is a Taiwan-based company principally engaged in the textile dyeing and finishing business. The Company is principally engaged in the spinning and weaving of various fibers, including natural fibers and man-made fibers. The Company engages in printing, bleaching, dyeing, and finishing of various fiber products as well as sales of finished fabrics. The Company's products are sold in both domestic and overseas markets.
69GF Score

Get the complete analysis for TPE:1463

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$17.75
Price
NT$8.72
GF Value